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defensive names like walmart were also done, but fared better. the main catalyst for the sell off was concerns about slower global growth. china reported gdp for the first quarter below expectations. with europe in recession, trader rs now worried where is the growth going to come from. i'm bob pisani at the new york stock exchange. >> as bob just mentioned, the price of gold plunged today, recording its second worst loss ever and closing below $1400 an ounce for the time in more than two years. today was the first time ever that the dow and price of spot gold both recorded triple digit losses. why is selloff and what may be next for the precious metal? jackie deangelis has our report. >> another massive selloff in the gold market today, but what's fuelling the fur rouse rotation? several factors are at play including the continued strength in the equity market. gold had lost its luster, but gold is also an inflation hedge and as long as the fed continues with its stimulus program, investors believe inflation is likely to remain in check. >> peop
defensive names like walmart were also done, but fared better. the main catalyst for the sell off was concerns about slower global growth. china reported gdp for the first quarter below expectations. with europe in recession, trader rs now worried where is the growth going to come from. i'm bob pisani at the new york stock exchange. >> as bob just mentioned, the price of gold plunged today, recording its second worst loss ever and closing below $1400 an ounce for the time in more than two...
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there was a mixup in the defense. stuttgart extended its lead. >> this defeat leaves them off the pace for a top-four finish and mired in the fight for europe league football next season. two golf now, and adam scott put in the performance of a lifetime to win the masters tournament. rex he overcame argentina -- >> he overcame argentina's angel cabrera to become the first australian to ever win the green jacket. >> it is much more than a green jacket. it is a trophy like no other. it is keeping adam scott warm. after an epic playoff, he became the first australian ever to win the masters. he was made to work hard for it by argentinian angel cabrera. they had both finished on 9 underpar, leading to a tense head-to-head playoff. on the second playoff hole, scott held his nerve and nailed the decisive putt. the battle was a fitting way to earn an historic victory. >> and the celebrated british conductor colin davis has died at the age of 85. >> davis was internationally renowned for his interpretations of mozart, site al
there was a mixup in the defense. stuttgart extended its lead. >> this defeat leaves them off the pace for a top-four finish and mired in the fight for europe league football next season. two golf now, and adam scott put in the performance of a lifetime to win the masters tournament. rex he overcame argentina -- >> he overcame argentina's angel cabrera to become the first australian to ever win the green jacket. >> it is much more than a green jacket. it is a trophy like no...
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defense analysts are trying to understand where all of this is headed. akimoto has been tracking the situation for the defense of securities studies, a british think tank. >> north korean commanders are organizing their troops. they want to respond by the u.s. and the south korean forces. with such tensions, north korean soldiers can't afford to be taking part in mental parlay. thus said, there is little possibility of renewed fighting between the two koreas. u.s. and south korean commanders staged their exercise to train their troops in joint operations and to put on a show of strength. the leaders in pyongyang are simply responding to that. these are psychological tactics. we see little signs that ground troops are preparing for war. no troops have moved south, and we have no reports of anything unusual happening in pyongyang. military tensions always risk causing something unpredictable. a nervous front line soldier could fire a shot by mistake and prompt an exchange of gunfire and start a fight that could escalate. with this dynamic, u.s. leaders cou
defense analysts are trying to understand where all of this is headed. akimoto has been tracking the situation for the defense of securities studies, a british think tank. >> north korean commanders are organizing their troops. they want to respond by the u.s. and the south korean forces. with such tensions, north korean soldiers can't afford to be taking part in mental parlay. thus said, there is little possibility of renewed fighting between the two koreas. u.s. and south korean...
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korean has switched from a pro-defense to an active deterrent strategy. that means if they have imminent signs of attack, they will pre-empt. defense officials point out that is more likely to be in a strategic threat rather than tactical. so that means, if they feel they are about to get hit with some artillery in a west sea island, they are not likely to initiate this, instead absorb it and then respond. what they are talking about is more a situation where if they see a missile, they think it is nuclear armed, it is at a time of hostility, it could be an imminent attack on south korea, then according to the new strategy, they would take out that missile. that requires perfect intelligence, and you can never tell what kind of warhead is on a missile. if the situation is now at even a higher tension right now and they observe missiles or scud missiles would they take those out? we don't know. my time is up but i would just lay a marker for during the q and a's the recent d.i.a. of the current nuclear war capabilities, as well as senator kerry's trip, whi
korean has switched from a pro-defense to an active deterrent strategy. that means if they have imminent signs of attack, they will pre-empt. defense officials point out that is more likely to be in a strategic threat rather than tactical. so that means, if they feel they are about to get hit with some artillery in a west sea island, they are not likely to initiate this, instead absorb it and then respond. what they are talking about is more a situation where if they see a missile, they think...
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with the north koreans over the years that we've been talking to them was when former secretary of defense perry went to pyongyang in the spring of 999, and i was with him on that mission. one of the things on the table there was a very sharp set of choice that is we laid out for the north koreans. we presented two paths for north korea to travel down. one of them was the path of engagement and cooperation and dialogue and denuclearization, and the other part we summed up, essentially, by saying you don't want to go there. but bill perry made it very clear what that other path might entail for north korea. so it seems to me that if and when -- and i hope it's when rather than if -- we get back to some sort of a negotiation with the north koreans, it's going to be absolutely critical for us to sharpen north korea's choices, to make it as clear as possible the dangers that they're running by their pursuit of nuclear weapons and ballistic missile capability and the fact that the united states has not yet by any means exhausted the policy options that are open to us including covert activities
with the north koreans over the years that we've been talking to them was when former secretary of defense perry went to pyongyang in the spring of 999, and i was with him on that mission. one of the things on the table there was a very sharp set of choice that is we laid out for the north koreans. we presented two paths for north korea to travel down. one of them was the path of engagement and cooperation and dialogue and denuclearization, and the other part we summed up, essentially, by...
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they are not defenses but there is something about what's going on here. which is more laudable than the report makes a. i mean, i think i speak for everybody when i say that the level of thoroughness that was brought to this is second to none. we hope that even if there's some disagreement on the remedial side, that we all agree the report will place very powerful limits on what accounts -- to difficult situations we face in the past in which we must do everything in the future to avoid. >> let me also just and brief mention on the political part of the question. there's a lot like, not in my backyard for a project in this regard. there's a strong feeling among many, both sides of the political aisle, that these people that were brought to justice, put in a prison would be a danger to the united states, security problem for the united states. that has not proven to be true in other terrorist actions. the civil courts, the federal courts have been able to try these cases, get convictions. i think there's something like 300 prisoners that fall under the rub
they are not defenses but there is something about what's going on here. which is more laudable than the report makes a. i mean, i think i speak for everybody when i say that the level of thoroughness that was brought to this is second to none. we hope that even if there's some disagreement on the remedial side, that we all agree the report will place very powerful limits on what accounts -- to difficult situations we face in the past in which we must do everything in the future to avoid....
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if you want yield, why chase the domestic defenses when you can chase the foreign defenses and potentially get upside and potentially get the defense of currency at the same time rather than chase what everybody already knows. >> to many people that's absolutely crazy and we're not sure about the chinese economy and day in and day out in europe, the situation there is going to get worse before it gets better. >> sure. >> you know, they could have made the argument last year tha. last year they could have said it's all about apple. i think we need to broaden the horizons if this is going to be sustainable. >> let me go there and take you to a live shot of the white house. the white house is lowering their flag to half staff. flags are to be lowered at all public buildings until sunset on april 20th. there are at least three dead. more than 150 injured. this is echo of what we saw in the wake of 9/11. a lot more "squawk on the street" back in a moment. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from nationa
if you want yield, why chase the domestic defenses when you can chase the foreign defenses and potentially get upside and potentially get the defense of currency at the same time rather than chase what everybody already knows. >> to many people that's absolutely crazy and we're not sure about the chinese economy and day in and day out in europe, the situation there is going to get worse before it gets better. >> sure. >> you know, they could have made the argument last year...
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whether it's missile defense, on dome or rocket defense, the different weapons systems that we are assisting them with, our military to military relationship, i'm going to be in israel in a few days. our interests are very clear and common and so i would answer your question, that way i think the israelis know that and we know that. >> thank you, mr. chairman. there are a lot of red lines out here and i'm just saying, this when we issue these red lines, the judgment call is that if there's a problem, we're going to act and obviously we have to do that diplomacy first but in reality we need to have the military capability to sustain some sort of operation if we start it. >> we have the military capability and we have the ability to provide the president what's required to protect the interests of this country and our allies. >> thank you, mr. chairman. >> ms. granger. >> thank you. i have two questions and the first one is to general dempsey. we're talking about relationships. would you bring us up to date on the state of our relationship, military to military, with egypt and how important is
whether it's missile defense, on dome or rocket defense, the different weapons systems that we are assisting them with, our military to military relationship, i'm going to be in israel in a few days. our interests are very clear and common and so i would answer your question, that way i think the israelis know that and we know that. >> thank you, mr. chairman. there are a lot of red lines out here and i'm just saying, this when we issue these red lines, the judgment call is that if...
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and defense officials may drop the furloughs entirely. homeland security has not furloughed anyone, and it has not cut overtime. so the exact impact is zero. the "washington post" gives away pinocchio's for lying. tonight we are giving dunce caps away, and we will continue to do this. elected officials to make egregiously silly statements. we think our elected officials should be so honored and noted. so we are going to award this to acquire tonight. and he earned it. i think you would agree. fellow democrat, a year from california, the head of the house democratic caucus today warned that the sequester cuts undermine the ability of our cities to respond to terrorist attacks. listen to this. >> so, when those first responders did such a phenomenal job yesterday in boston, chances are the mayor in boston is now having to figure out how to cover for the extra cost involved in having so many people out there for security and emergency medical assistance responding because they get paid so he is now probably getting money from some other part
and defense officials may drop the furloughs entirely. homeland security has not furloughed anyone, and it has not cut overtime. so the exact impact is zero. the "washington post" gives away pinocchio's for lying. tonight we are giving dunce caps away, and we will continue to do this. elected officials to make egregiously silly statements. we think our elected officials should be so honored and noted. so we are going to award this to acquire tonight. and he earned it. i think you...
SFGTV2: San Francisco Government Television
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defense interests. were initiated from users like you. ok? humans like you to click on a url, an attachment in e-mail, and let the bad guys in. for most of the enterprise world, the public cloud is nothing more than a menace. yet, we see it's clear benefits. we see its enormous cost advantages. we see all these wonderful things that tin told you about. so the challenge is to try and evolve what today is a process built around people. people and process and regulation that tries to keep us safe, tries to run our economy, and translate it into something that is more efficient, that takes advantage in evolution or revolution of technology, arguably, but does not hand out -- does not toss out the baby with the bath water. that is the challenge. whilst in a heavy user of a tablet device and everything else, i think that is kind of ho-hum. it is fabulous you can build a startup in your garage again, but the challenge is how do we adopt this technology in a world where the rate of adoption is governed not by anything to do with technology itself but
defense interests. were initiated from users like you. ok? humans like you to click on a url, an attachment in e-mail, and let the bad guys in. for most of the enterprise world, the public cloud is nothing more than a menace. yet, we see it's clear benefits. we see its enormous cost advantages. we see all these wonderful things that tin told you about. so the challenge is to try and evolve what today is a process built around people. people and process and regulation that tries to keep us safe,...
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theenator, i attended defense ministerial in brussels and defense ministers agreed they would provide a thousand- 10,000 forces. i think it is fair to say our coalition partners are very much looking to see what the u.s. contribution will be before making a commitment. in many cases, our partners will need u.s. enabling support before they are able to commit. i mean specifically, a casualty evacuation, medical evacuation, which they cannot provide but would need to be in place in order for them to be committed. that so, is there anything we should be doing -- >> so, is there anything we should be doing in the lead up to 2014 to provide those assurances to folks so everybody is in agreement on what happens? >> i know the president is deliberating now. as he makes a decision about the basic framework, he has already committed to president karzai as recently as january that we would be there in some significant way post 2014. as president obama makes a specific decision, i think it is scoy to be a cub all levels of all levels to engage colette -- i think it is going to be us at allon all
theenator, i attended defense ministerial in brussels and defense ministers agreed they would provide a thousand- 10,000 forces. i think it is fair to say our coalition partners are very much looking to see what the u.s. contribution will be before making a commitment. in many cases, our partners will need u.s. enabling support before they are able to commit. i mean specifically, a casualty evacuation, medical evacuation, which they cannot provide but would need to be in place in order for them...
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i know, you're not secretary of defense. but the top line considerations where you have moved to try and help offset some of the cost of the sequestration lookinged at which are far surplus to what we need at home and abroad and maybe stopping the decline and the% age that military personnel pay the retiree for their health care. which is actually going down. it's going up for everybody else. some of my friends on the other side of the aisle particularly those responsibility are somehow pretenlding this would be outrageous. it's a violation of all that is holly and not going get their support. can we move forward with the department of defense if we don't start looking at some of the areas? >> congressman, not currently in my area of responsibility i spent a great deal of time working defense department during the plan. i think that the strategic plan the defense department put together to save $500 billion over ten years is one of the best piece of strategic budget planning i have ever seen. it reflects military and civilia
i know, you're not secretary of defense. but the top line considerations where you have moved to try and help offset some of the cost of the sequestration lookinged at which are far surplus to what we need at home and abroad and maybe stopping the decline and the% age that military personnel pay the retiree for their health care. which is actually going down. it's going up for everybody else. some of my friends on the other side of the aisle particularly those responsibility are somehow...
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it would expand that be on the department of defense so other u.s. government agencies could also have the same authorities we have been given as a result of that very helpful legislation, and also to address a different level of contracts in the past have been over $100,000. as would bring it down to a level below that. i do think we have had some improvement in that particular area as a result of that legislation. continuing to move in that direction would be very helpful. >> thank you. one last question. thechairman asked you about afghan interpreter's that were the subject of a recent piece in the new york times. i am very concerned about providing the kind of these as necessary often for the survival of these interpreters. providing the kind of visas necessary. do you have any observation about what we can do to improve the process? >> raising the visibility is important. i would put a personal face on it. one of the individuals waiting for a visa, who has applied to come back to the u.s. for many years was the interpreter that was with sergeant
it would expand that be on the department of defense so other u.s. government agencies could also have the same authorities we have been given as a result of that very helpful legislation, and also to address a different level of contracts in the past have been over $100,000. as would bring it down to a level below that. i do think we have had some improvement in that particular area as a result of that legislation. continuing to move in that direction would be very helpful. >> thank you....
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in australia, defense sectors powered ahead and sensex now trading flat while the country is seen as a big beneficiary to the recent weakness in commodity prices. back to you. >> okay. thanks very much for that. turning our attention to european session as i mentioned just in the last couple minutes here we've turned sharply lower. a sell-off of 0.7 of 1%. decliners outpace advancers by 4 to 1 ratio. the market is scratching around for this particular sell-off. we're down almost three-quarters of 1%. italy down about 0.4 of 1%. presidential selection process will begin tomorrow. here's a look at the bond space to see if we see major moves to echo the concern we've seen across the equity space but not quite. look at spanish and italian debt, they are rallying. here's a look at what's happening across the space. sterling is weaker. we'll hear bank of england minutes out in just a couple minutes time. dollar/yen weakened this morning but not as much as you would expect given the sell-off across commodities. on cnbc.com, london's mayor boris johnson arguing that factoryism is alive and w
in australia, defense sectors powered ahead and sensex now trading flat while the country is seen as a big beneficiary to the recent weakness in commodity prices. back to you. >> okay. thanks very much for that. turning our attention to european session as i mentioned just in the last couple minutes here we've turned sharply lower. a sell-off of 0.7 of 1%. decliners outpace advancers by 4 to 1 ratio. the market is scratching around for this particular sell-off. we're down almost...
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it was going off reports the court hearing ended just around one hour after starting defense appealed to the judge to reschedule saying they didn't have enough time to properly get ready and the judge agreed to reschedule for next week so i. exited the courthouse behind the surrounded by a crowd of journalists and supporters in fact we're told that some people had to camp out here throughout the night in front of the courthouse to get in since the room inside fits only around sixty people and there's a very heavy media presence and lots of supporters here as well earlier we saw two separate rallies taking place right across the street from one another one well in support. and the other one against them but both were conducted quite peacefully is a well known and controversial figure in russia first of all he's an opposition blogger who made his name by conducting his online anti corruption project he's also a fierce critic of the kremlin and one of the most influential opposition activists and leaders especially during last year's we. just but the controversial side is. open connectio
it was going off reports the court hearing ended just around one hour after starting defense appealed to the judge to reschedule saying they didn't have enough time to properly get ready and the judge agreed to reschedule for next week so i. exited the courthouse behind the surrounded by a crowd of journalists and supporters in fact we're told that some people had to camp out here throughout the night in front of the courthouse to get in since the room inside fits only around sixty people and...
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marion wright eddleman from the children's defense fund is a wonderful person, nice round of applause and the other award will go to casey kason and the place erupted. people. >> people went wild. my god. uchsz there to present the award. i don't have to introduce casey kason. if you have ever listened to the radio, you know who casey kason is. if you have ever watched television. have you ever been identified or involved in any progressive causes anywhere in this country especially in southern california, you know who casey kason is. when i was until california working on television and radio and in los angeles and my being chair of the democratic party and protection of the environment, civil rights women's rights, gay rights economic justice, social justice, central america, anti-quandra, you name it. casey kason was there. i marched alongside of him in so many rallies, i can't tell you. he was a wonderful, wonderful guy. he is best known for top 40. once in a while, he moot lose his temper as he did when he was once asked to give a dedication to a little boy who lost -- whose dog
marion wright eddleman from the children's defense fund is a wonderful person, nice round of applause and the other award will go to casey kason and the place erupted. people. >> people went wild. my god. uchsz there to present the award. i don't have to introduce casey kason. if you have ever listened to the radio, you know who casey kason is. if you have ever watched television. have you ever been identified or involved in any progressive causes anywhere in this country especially in...
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the senate armed services committee will do an overview of defense authorization. chuck hagel will be at that as well as general martin dempsey, at that hearing. the house oversight and government reform committee is having a hearing on postal service insolvency. to find out when and where all of that will be airing, go to our website, c-span.org, for more details. chuck in massachusetts, a democrat. thought.ust a when you consider how 9/11 and brought the american public together, the last thing al qaeda would want to do would be to recreate that feeling of united ness. they like us divided. was shown as ait relatively easy, but they did in boston yesterday. like hawk-eye wanted to do something like that, they could do it relatively easily. i don't think they want to do it, because it would backfire on them. that's my thought. host: all right. that's the point of the show, to get everybody stopped and a variety of opinions this morning. one more story to give you before we go on to talk to two members of congress. poisonlope containing mailed to the senate this of
the senate armed services committee will do an overview of defense authorization. chuck hagel will be at that as well as general martin dempsey, at that hearing. the house oversight and government reform committee is having a hearing on postal service insolvency. to find out when and where all of that will be airing, go to our website, c-span.org, for more details. chuck in massachusetts, a democrat. thought.ust a when you consider how 9/11 and brought the american public together, the last...
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on the other hand -- ♪ you are an idiot ha, ha, ha, ha ha, ha ♪ >> stephanie: chuck hagel defense secretary yesterday. >> in the event with multiple explosive devices as this appears to be, is clearly an act of terror and will be approached as an act of terror. >> stephanie: yeah, this is the universe we live in now after the stupid benghazi story. >> benghazi. >> stephanie: they asked john mccain out how president is doing because that's really the barometer. >> that's not the policy. >> stephanie: john mccain, white house response to the boston bombing has been certainly adequate. oh thanks. the response of both state federal and local is certainly adequate. as far as i can tell, they're doing everything that needs to be done. >> what would mccain have done? gone and bombed canada? >> stephanie: the senator from the green room. oh let's ask john mccain how he think the president did on that. all right. john boner yesterday. >> described in a lot of different ways but it was a terrorist attack of some sort. until we know who or why, i don't think we can further define it. >> boner sounding
on the other hand -- ♪ you are an idiot ha, ha, ha, ha ha, ha ♪ >> stephanie: chuck hagel defense secretary yesterday. >> in the event with multiple explosive devices as this appears to be, is clearly an act of terror and will be approached as an act of terror. >> stephanie: yeah, this is the universe we live in now after the stupid benghazi story. >> benghazi. >> stephanie: they asked john mccain out how president is doing because that's really the barometer....
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this goes well beyond the purpose of self-defense. the desire to arm ourselves against a young man or willing who willingly risks their lives to defend our freedom -- soldiers, navy, marines, air force -- is not a reason to oppose an assault weapons ban. the wish to arm ourselves against the police who keep our streets safe is not a reason to oppose an assault weapons ban. i believe that as americans, we have a right to arm ourselves against criminals, but we don't need the ability to arm ourselves against the army or the police. the united states military is not out to get us. federal law enforcement, local police departments are not out to get us. these conspiracy theories are dangerous and they should be put to rest. in the real world, not this conspiratorial world that some live in. in the real world in addition to mowing down first graders assault weapons are used to shoot down the very people who are sworn to protect us. here's one real-world example in nevada. after serving nine months in afghanistan with his national guard uni
this goes well beyond the purpose of self-defense. the desire to arm ourselves against a young man or willing who willingly risks their lives to defend our freedom -- soldiers, navy, marines, air force -- is not a reason to oppose an assault weapons ban. the wish to arm ourselves against the police who keep our streets safe is not a reason to oppose an assault weapons ban. i believe that as americans, we have a right to arm ourselves against criminals, but we don't need the ability to arm...
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consumer staples are again, a defensive day by and large. the big question i got early this morning is what the heck happened in germany? i don't have an answer for you, and some people are calling it a mini flash crash. the dax dropped 180 points in like, eight minutes right after the open and i don't have an explanation and there is a series floating around about fat figure trades and it was very unusual to see that. germany is now down eight in a row and we are are down 1.7% in germany. france was down 1.5% and there were many knock-on effects as a result of this and that's all i can tell you about it. carl, i think you were mentioning these ping-pong markets and that's the other big topic overnight. so you are down 234 on monday and you're up 160 on tuesday. you are down 103 on wednesday here and it's very tough for active traders to take positions. you get a lot of complaints about this stuff. you get stripped out every day depending on which side you're buying protection on, going long or going short and it's hard to take positions and
consumer staples are again, a defensive day by and large. the big question i got early this morning is what the heck happened in germany? i don't have an answer for you, and some people are calling it a mini flash crash. the dax dropped 180 points in like, eight minutes right after the open and i don't have an explanation and there is a series floating around about fat figure trades and it was very unusual to see that. germany is now down eight in a row and we are are down 1.7% in germany....
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motivated details now from his come off the court hearing ended just around one hour after starting defense appealed to the judge to reschedule saying they didn't have enough time to properly get ready and the judge agreed to reschedule for next week so i. exited the courthouse behind me surrounded by a crowd of journalists and supporters in fact we're told that some people had to camp out here throughout the night in front of the courthouse to get in since the room inside fits only around sixty people and there's a very heavy media presence and lots of supporters here as well earlier we saw two separate rallies taking place right across the street from one another one well in support. and the other one i guess but both were conducted quite peacefully. a well known and controversial figure in russia first of all he's an opposition blogger who made his name by conducting his online anti corruption project he's also a fierce critic of the kremlin and one of the most influential opposition activists and leaders especially during last year's we. just but the controversial side is. open connecti
motivated details now from his come off the court hearing ended just around one hour after starting defense appealed to the judge to reschedule saying they didn't have enough time to properly get ready and the judge agreed to reschedule for next week so i. exited the courthouse behind me surrounded by a crowd of journalists and supporters in fact we're told that some people had to camp out here throughout the night in front of the courthouse to get in since the room inside fits only around...
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he talked about significant reductions and i would acknowledge that under section 1245-d of the defense authorization act, a waiver sanctions can be granted if the president makes a determination and reports to congress that a country has significantly reduced its volume of crude oil purchases. now, because of the sanctions, iran's oil exports have dropped by 60% over the past year. i commend state department greatly, and this administration, for doing what it had to do to get countries to comply. in december waivers for china and several other cooperating countries were renewed for another 180 days, but over the past three months, china's imports of iranian crude have steadily increased, as i understand it, from 354,000 barrels per day in february, to 415,000 barrels per day in april. i would ask you, mr. secretary, what constitutes significant reduction? and shouldn't significant reduction be defined differently at this point given where the iranians are in their nuclear program? and with the add digsal now outside information that iraq is producing three million barrels more per day.
he talked about significant reductions and i would acknowledge that under section 1245-d of the defense authorization act, a waiver sanctions can be granted if the president makes a determination and reports to congress that a country has significantly reduced its volume of crude oil purchases. now, because of the sanctions, iran's oil exports have dropped by 60% over the past year. i commend state department greatly, and this administration, for doing what it had to do to get countries to...
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. >> republicans are looking for a way out of that defense sector. there will be more pressure put on them right now. the people who wanted to wobble anyways, will be wobbling harder. we will not increase spending on anything right now. connell: i know it is tough a couple days after something like this happens and the development that are happening today, but what is your opinion? should we change the focus? >> in some ways it should focus our focus. think about 9/11. we reacted to that with a big massive freak out, for lack of a better word. we are still taking off our shoes at the airports. we thought we needed to do something. let's remember that as we react to boston right now. let's focus on that. we need to realize that facing this horrifying attack, we will not make it better with coming up with security theater to the measures. dagen: it is almost impossible to link spending directly with an event like this. >> of course. dagen: knowing so little as we do right now even about the type of devices that were used in boston. you are hearing refe
. >> republicans are looking for a way out of that defense sector. there will be more pressure put on them right now. the people who wanted to wobble anyways, will be wobbling harder. we will not increase spending on anything right now. connell: i know it is tough a couple days after something like this happens and the development that are happening today, but what is your opinion? should we change the focus? >> in some ways it should focus our focus. think about 9/11. we reacted to...
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Apr 17, 2013
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i think that makes sense as a self-defense weapon. that is why the assault ban is not going to pass. less than 2 or 3% of all pherdz in this country are -- murders in this country are committed with a rifle of any kind. most murders are committed with handguns. at the end of the day the magazine limitation is not going to fail because it doesn't address the problem. in the hands of a mother, six rounds are not enough. in the hands of a criminal, one is too many. the ar-15, four million guns available, assault weapons, very popular selling gun. i think under heller that type of weapon would be protected. it's not the guns you own. it's who owns it. at the end of the day the universal background check are not going to make it. senators manchin and toomey are trying to find a solution in a smaller way. here's my concern about background check. last year 80,000 people failed the background check. 9,000 who failed the background check were convicted felons on the run from the law. and 44 people were prosecuted out of 80,000. of those 9,000
i think that makes sense as a self-defense weapon. that is why the assault ban is not going to pass. less than 2 or 3% of all pherdz in this country are -- murders in this country are committed with a rifle of any kind. most murders are committed with handguns. at the end of the day the magazine limitation is not going to fail because it doesn't address the problem. in the hands of a mother, six rounds are not enough. in the hands of a criminal, one is too many. the ar-15, four million guns...
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Apr 17, 2013
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provide for the common defense. what is more common than our power grid, our financial system and our economy? and are we not required to defend all of that? promote the general welfare. again, if our power grid is taken down, it is impossible to promote the general welfare. secure the blessings of liberty to ourselves and to our posterity. our intellectual property, madam chair, madam speaker, made with american ingenuity, our life savings in banks, under threat from foreign actors, our jobs, our economy, all these blessings of liberty are currentry at risk if we do nothing. i've heard some suggest, madam speaker, that they have constitutional concerns about passing this bill, and i would just suggest to them that i believe strongly you should have constitutional concerns about not passing this bill. i do not believe our constitution gives foreign state actors like china or russia or north korea or iran uncontested access to the critical systems of private american companies. to the contrary, i believe that our con
provide for the common defense. what is more common than our power grid, our financial system and our economy? and are we not required to defend all of that? promote the general welfare. again, if our power grid is taken down, it is impossible to promote the general welfare. secure the blessings of liberty to ourselves and to our posterity. our intellectual property, madam chair, madam speaker, made with american ingenuity, our life savings in banks, under threat from foreign actors, our jobs,...
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Apr 17, 2013
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people say maybe it is a defensive move. what i'm trying to say try to think in terms of like factors. what are the factors i can making these companies grow? u.s. revenues and stead confidence in growth of generating your revenues in the u.s. it is cash flow growth. it is income. there is a lot of reasons to own these stocks. tracy: one of the things that always comes out of events like the one in boston is our renewed patriotism right? >> sure. tracy: investing in america sounds like a great thing right now. it doesn't hurt that uncle ben is pumping liquidity into this market, right? so we are indirectly helping ourselves with all that cash flow. >> we are. we can rail about that and say this is not what a central bank should be doing. we're heading for disaster and heading for hyperinflation. guess what? it is working. the dog hunts. instead of shouting in the wind let's take advantage of it. let's do it. adam: are you seeing opportunity, i want to go to technical stocks. google apple especially being down, microsoft. do
people say maybe it is a defensive move. what i'm trying to say try to think in terms of like factors. what are the factors i can making these companies grow? u.s. revenues and stead confidence in growth of generating your revenues in the u.s. it is cash flow growth. it is income. there is a lot of reasons to own these stocks. tracy: one of the things that always comes out of events like the one in boston is our renewed patriotism right? >> sure. tracy: investing in america sounds like a...
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Apr 17, 2013
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is that the trend of the week for the market's overall to go into the defense of utilities? >> absolutely. some may go way. we are up with the indices' over three and a half months people take off the table and enjoy the money over the summer. you don't want to be out but rotate and me very careful. cheryl: en one heck of a day for these markets and the triple digits swing. also looking at the s&p there are nine stocks falling to a brand new lows and nicole petallides is watching that from the floor of the new york stock exchange. >> we have seen broadbased selling but economically sensitive sectors are doing the work with energy and financial and technology and some names hitting new 52 week lows with peabody energy and report back iran and going into the green with report mack ran. and going down below $400 the lowest levels we have seen since december of 2011 also newmont mining the best of the worst is what you need like health care or consumer staples that have concerns -- been able to hold on. the dow was down nearly 200 points but still noting the volatility is a bree
is that the trend of the week for the market's overall to go into the defense of utilities? >> absolutely. some may go way. we are up with the indices' over three and a half months people take off the table and enjoy the money over the summer. you don't want to be out but rotate and me very careful. cheryl: en one heck of a day for these markets and the triple digits swing. also looking at the s&p there are nine stocks falling to a brand new lows and nicole petallides is watching that...
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Apr 17, 2013
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deflationary pressures have been in play since the end of january when commodities started falling, defensive sectors started leading. you get the sense that something's happening, you get the feeling that something's about to hurt and then the spasm happens. when you have deflationary junctures, which is what every part of the market place is seeing is happening right now, that $85 billion a month is not enough from the fed -- >> you're making reference to how much they're buying every month when it comes to securities out? >> correct. >> peter anderson, bank of america may have set the tone this morning with that disappointing earnings report, yes? >> y >> yes, it was. and that's symptomatic of the -- >> peter, hang on one second. we'll have to do this for the next couple of hours as more news continues to break. let's go to sue herrera with the latest. what do you have, sue? >> bill, our team on the ground in boston is reporting to us that the federal courthouse in boston is now being evacuated. you're looking at a live picture right now of people leaving that courthouse. we don't know why
deflationary pressures have been in play since the end of january when commodities started falling, defensive sectors started leading. you get the sense that something's happening, you get the feeling that something's about to hurt and then the spasm happens. when you have deflationary junctures, which is what every part of the market place is seeing is happening right now, that $85 billion a month is not enough from the fed -- >> you're making reference to how much they're buying every...
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earlier this month, israel moved a battery with iron dome missile defense system into the city. and you hottest has claimed responsibility for the attack -- agent hottest -- a jihadist rupe has claimed responsibility for the attack -- a jihadist group has claiemed responsibiliy for the attack. >> he denies charges and says the attempt is in the -- says the charges are an attempt by the government to silence dissent. >> outside the courthouse, the lawyer and opposition -- the lawyer says that he faces charges -- [indiscernible] he says the charges are politically motivated. >> sooner or later, we will win and drive these crooks and thieves from power. >> he rose to the head of the opposition movement during russia's elections at the end of 2011. he called for people to vote for any party other than putting's -- putin's. since then, he has said he wants to become president. >> the trial's purpose is to get him off the political stage. it damages his reputation and creates a legal pretext to prevent him from taking part in elections. >> in court, he asked for more time to study the
earlier this month, israel moved a battery with iron dome missile defense system into the city. and you hottest has claimed responsibility for the attack -- agent hottest -- a jihadist rupe has claimed responsibility for the attack -- a jihadist group has claiemed responsibiliy for the attack. >> he denies charges and says the attempt is in the -- says the charges are an attempt by the government to silence dissent. >> outside the courthouse, the lawyer and opposition -- the lawyer...
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Apr 18, 2013
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department of the defense. first, then we look at the reality of what we're going to be dealing with. from that comes the numbers and how we prepare to make that cut. >> will that yield an outline, a budget give to us? give to congress that takes in to account that number at least for fy14? >> i don't we're talking about sending up a new budget, but we're certainly working with the congress and the appropriate committees on how we intend to move forward. and let me ask the comptroller. if he wants to anything to this. >> no. i expect to send up another budget and provide information. >> i don't want to get bogged down in the se semantics. the point is, when will we see your recommendation about how you deal with the number starting fy14? >> i mean i think it would be sometime after may 31st we need to give the secretary time to review it. >> we will see that sort of proposal whether you want to call it a new budget or whatever you want to call it? >> i would assume at some point if the secretary agrees whether
department of the defense. first, then we look at the reality of what we're going to be dealing with. from that comes the numbers and how we prepare to make that cut. >> will that yield an outline, a budget give to us? give to congress that takes in to account that number at least for fy14? >> i don't we're talking about sending up a new budget, but we're certainly working with the congress and the appropriate committees on how we intend to move forward. and let me ask the...
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during out of funding shows a lack of commitment to the idea of self-defense. this is a huge signal to terrorists around the world if we will not harm our pilots. i think we have one training facility in new mexico where the pilots are trained. , the pilots complained about the costs and expenses and the time away. we have got training facilities for police man in every state. i do not see any reason we could not cooperate and make it a lot cheaper. i am for saving money. i do not mind saving money. we have all kinds of costs and training facilities for police officers and state troopers. it should not be done in one place. let them learn how to do it and have it done. there's no reason why you can't have local training. i would also take military officers who have had extensive training and i would exempt them from half of the program so they can save time and expenses on getting it done. i think idea of deterrence cannot be measured. you can't measure how important it is to have deterrence. i think a lot of us would argue that having pilots armed is a great d
during out of funding shows a lack of commitment to the idea of self-defense. this is a huge signal to terrorists around the world if we will not harm our pilots. i think we have one training facility in new mexico where the pilots are trained. , the pilots complained about the costs and expenses and the time away. we have got training facilities for police man in every state. i do not see any reason we could not cooperate and make it a lot cheaper. i am for saving money. i do not mind saving...
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Apr 18, 2013
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rebalanced defense and offense. i used the phrase at some point you have to stop worrying about the arrow and start writing about theater chair and i would suggest will have forgotten the capabilities to deal with the archer. i would think all three of you. >> just relative to the facilities overseas, we do have rules as to the reimbursement to us for the improvements we made in overseas facilities. we just issued a report, which we hope you'll take up the show and the failure of the department to achieve the reimbursement in the way in which it is supposed to be made and it's been going on too long. part is a failure of oversight, but mainly a failure of the department to enforce rules relative to me in her cement my allies for the improvements we've need in those facilities returning back to that. i was a report released yesterday. we look forward to your response. >> one comment about the overseas facilities. all of us know in western europe that quite a few thayer and one of the problems that came up this enviro
rebalanced defense and offense. i used the phrase at some point you have to stop worrying about the arrow and start writing about theater chair and i would suggest will have forgotten the capabilities to deal with the archer. i would think all three of you. >> just relative to the facilities overseas, we do have rules as to the reimbursement to us for the improvements we made in overseas facilities. we just issued a report, which we hope you'll take up the show and the failure of the...
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at a point to defense system but you can't have it forward. wouldn't probably reach all the way but it would help. >> give any evidence or is not clear or is it, where are we in this scenario as to whether assad is actually used chemical weapons or not? >> just before you came in, the question came up and i think you have a direct or clapper and he may have to take you to a closed session to answer that question. we have seen open-source reporting. we are eager for the u.n. to get in there and do the analysis, but i can't say more than that in this session. >> and it seems to me that since the president of the united states has made clear this is a red line, but that would be just about the last act that he might perform in order to avert his overthrow. and by the way, i know you're concerned, general, about the withdrawal of bashar al-assad to area along the coast, largely alawite connected hezbollah. that's one of the scenarios as this drags out that really seems to me significant concern. are you worried about that scenario as well? >> i ac
at a point to defense system but you can't have it forward. wouldn't probably reach all the way but it would help. >> give any evidence or is not clear or is it, where are we in this scenario as to whether assad is actually used chemical weapons or not? >> just before you came in, the question came up and i think you have a direct or clapper and he may have to take you to a closed session to answer that question. we have seen open-source reporting. we are eager for the u.n. to get...
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Apr 18, 2013
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what's acceptable in the national defense system and preventing further tragedies perpetrated on the american public is that we do things properly and we get to truth and justice. sometimes that takes a long time. in the atlanta bombing, which was a very serious event regarding the olympics, it took a long time and frankly when we finally apprehended the individual, there was a lot of fatigue in the system. i think the system outlasted the perpetrator in that situation and we got to a place of justice. >> all right. former attorney general john ashcroft, thank you very much for your insight this morning. >> delight to be with you. thank you very much. keep up the good work. >> thank you. up next, today's business headlines with cnbc's brian shactman. keep it here on "morning joe." i'm with clemmie, who is looking to save to help make ends meet. what if you could save over $500 bucks a year by changing one small thing? yeah, let's do it! let's do it. the average fast food breakfast can run you over $4 a meal per person. i know. walmart has a ton of breakfast options. a meal like this
what's acceptable in the national defense system and preventing further tragedies perpetrated on the american public is that we do things properly and we get to truth and justice. sometimes that takes a long time. in the atlanta bombing, which was a very serious event regarding the olympics, it took a long time and frankly when we finally apprehended the individual, there was a lot of fatigue in the system. i think the system outlasted the perpetrator in that situation and we got to a place of...
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everything from mexican-american legal defense education fund to united farm workers folks representing the lgbt community, the farm worker community. the high school immigration sector, the head of the aclu, very broad group of advocates and activists from around the country met with roughly 20 u.s. senators to talk over the details of the bill, to talk over -- >> bill: this is the gang of eight bill? >> the gang of eight bill. the democrats who were responsible for crafting some of the most important pieces were there. senator menendez, senator schumer, senator bennett senator durbin and spoke about exactly what the details are. it is an 844 page bill that had been released at 2:00 a.m. that morning so no one had really seen the language in the bill in great detail. but broadly folks were very happy with the compromises that were struck. there are provisions in the bill that, of course, we wouldn't write on our own if we got to pass a democrat-only bill, there's billions and billions of dollars, additional to be spent on some areas that, perhaps wouldn't be as high a priority. we alre
everything from mexican-american legal defense education fund to united farm workers folks representing the lgbt community, the farm worker community. the high school immigration sector, the head of the aclu, very broad group of advocates and activists from around the country met with roughly 20 u.s. senators to talk over the details of the bill, to talk over -- >> bill: this is the gang of eight bill? >> the gang of eight bill. the democrats who were responsible for crafting some...
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members of north korea's national defense commission said the proposal was unacceptable. they called on the security counsel to retract economic penalties imposed after the country's latest missile launch and nuclear tests and demanded that u.s. and south korean commanders suspend military exercises currently under way in the south. the commission members also said the military forces and the people of north korea are closely watching what steps the u.s. and its followers will take. the remark suggests that there is still room for dialogue with the u.s. and south korea. >>> south korea's foreign minister is playing go between in an effort to keep an annual summit with japan and china on the calendar. yun byung-se in seoul says he will also raise the north korea issue. officials have been preparing to host the summit in late may. a diplomatic source saying young is expected to meet the other foreign ministers. the source says yung will try to convince the two ministers to proceed with the talks as planned. they believe it's too early to hold a summit because leaders of all
members of north korea's national defense commission said the proposal was unacceptable. they called on the security counsel to retract economic penalties imposed after the country's latest missile launch and nuclear tests and demanded that u.s. and south korean commanders suspend military exercises currently under way in the south. the commission members also said the military forces and the people of north korea are closely watching what steps the u.s. and its followers will take. the remark...
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it will probably outperform the most defensive names. a lot of money is going into defensive names. as interest rays go up, as confidence returns, money will move from that part of the market towards more agretsive aims. but if you go for that long-term perspective, then it's worst being over the growth areas of the markets. >> david, always good to talk with you. thank you so much for the time. we'll talk to you soon. >> thank you. >> teches are lower today after reports from microsoft, ibm and google. google expected to hit 14.2 billion. mark mahaney rates google ads an outperform. he joins us from san francisco this morning. good to have you back. >> good to be here, carl. >> we'll get a lot of information of the names we mentioned. what is the most important? >> the igest issue is the concern that mobile internet usage, which is the mundmental biggest trend is the stocks traded up as cpcs improve. if they improve this quarter, the stocks should trade up. that's the key number. >> we were looking at a slew of price target increases a few weeks ago. in the 900s. a lot of people be
it will probably outperform the most defensive names. a lot of money is going into defensive names. as interest rays go up, as confidence returns, money will move from that part of the market towards more agretsive aims. but if you go for that long-term perspective, then it's worst being over the growth areas of the markets. >> david, always good to talk with you. thank you so much for the time. we'll talk to you soon. >> thank you. >> teches are lower today after reports from...
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defense officials said they weren't intending the operation, which would increase the u.s. military presence in jordan, to 250 people from a current 150, to serve as a possible command post for a military intervention. but it could be used to coordinate u.s. humanitarian aid or oversee efforts to secure chemical weapons sites, officials said. that's from the "wall street journal." and this is also from the "wall street journal." obama now takes the lead after attacks on americans. when a nigerian man nearly set troop-bound ed a plane carrying passengers in 2009, president obama waited three days before break interesting his hawaiian vacation to speak to the country sparking a waive of criticism. after obama's tour through the boston marathon on monday killing three people and wounding scores more, mr. obama spoke to the nation twice within 24 hours of the attack. he told his staff he didn't want to wait before speaking publicly and the white house posted photos on flickr of his oval office meetings with national security advisors on the investigation. on thursday, today, he
defense officials said they weren't intending the operation, which would increase the u.s. military presence in jordan, to 250 people from a current 150, to serve as a possible command post for a military intervention. but it could be used to coordinate u.s. humanitarian aid or oversee efforts to secure chemical weapons sites, officials said. that's from the "wall street journal." and this is also from the "wall street journal." obama now takes the lead after attacks on...
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is our first line of defense and we need to step up. we need to be responsible. we need to get this passed. >> if i may, one thing, and that is, when it became possible that we would not have assault weapon ban or we would not have a prohibition on future sales of high-capacity magazines, it made a background check bill even more important for it to be as strong as it could be. because not having successes in terms of reducing the number of guns that are out there. 300 million guns out there already. this background check is really very, very important, and i thank you again, you and the task force, for your leadership on it. you and representative king for your leadership on presenting this bill in the house, and we hope to be able to say by the time we meet again that we have an overwhelmingnmber of come in a bipartisan way, of cosponsors and that the american people have weighein, not only forcosponsorship but for a vote. thank you all very much. >> thank you. >> house speaker john boehner also held his weekly briefing shortly after this one. in which he also
is our first line of defense and we need to step up. we need to be responsible. we need to get this passed. >> if i may, one thing, and that is, when it became possible that we would not have assault weapon ban or we would not have a prohibition on future sales of high-capacity magazines, it made a background check bill even more important for it to be as strong as it could be. because not having successes in terms of reducing the number of guns that are out there. 300 million guns out...
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very unusual for these defensive groups to be leading the market in up turn. if the market pulls back they will lead in the pull back and more. >> which is highly unusual. >> very unusual. >> thank you so much. >> a pleasure. >> see you again soon. >> sue, shamu is going public. black stone taking its sea world entertainment group three years after it went private. jane wells is outside the world famous sea world in san diego. have you spoken to shamu yet, jane? >> very good. shay-moo is a london whale. i have not spoken to him. i just didn't want to make the big whale angry. ths turning into a whale of a deal. it keeps getting bigger. black stone which bought sea world was going to sell 10 million of its own shares. now this march of the penguins, sea world plans to use its portion to pay fees and debt. so all told, we could have nearly 30 million shares priced between 24 and $27. this for a company with 11 walter parks. most revenue is now coming from florida and sea world sales, profits and spend per customer is all growing. it is a unique leisure company.
very unusual for these defensive groups to be leading the market in up turn. if the market pulls back they will lead in the pull back and more. >> which is highly unusual. >> very unusual. >> thank you so much. >> a pleasure. >> see you again soon. >> sue, shamu is going public. black stone taking its sea world entertainment group three years after it went private. jane wells is outside the world famous sea world in san diego. have you spoken to shamu yet,...
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is a more defensive than with you want to call it that. tracy: this is going to continue. your job is going to be tough for a while. >> we opened the volume with volatility. tracy: what is your outlook for the rest of the week? are we going to continue to pour off into nothing more do you think this will turn around? >> there is always hope but we are trading at session lows, the volatility index is creeping up 7% right now, the s&p 500 testing 1540, support is down 1543, the 50 day moving average. is getting ugly. tracy: thank you for taking the time. adam: apple, is this a good time to buy? we will ask an analyst next. tracy: let's look at the winners and losers on the nasdaq but there are some winners. brendel resources holds up, 5.1%. we will be right back. @ tracy: apple trading below $400 for the first time since december of 2011. google reporting after hours what should you be doing now? senior analyst for chelsea advisory group here to tell us, tech stocks up 1%. what is going on? >> slowdown in europe and something multinational, google and amazon overseas, b
is a more defensive than with you want to call it that. tracy: this is going to continue. your job is going to be tough for a while. >> we opened the volume with volatility. tracy: what is your outlook for the rest of the week? are we going to continue to pour off into nothing more do you think this will turn around? >> there is always hope but we are trading at session lows, the volatility index is creeping up 7% right now, the s&p 500 testing 1540, support is down 1543, the 50...
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look at where the rally has come from, it's come from defensive sectors. we've brought in those health care stocks, 18% higher in such a short period of time. how far can you ride that horse? i think it brings up a good point with the gold, but i think the gold is symptomatic of something else. we are entering -- we are actually in a deflationary period with the market here, and those words are not easy come out of my mouth, because i've been a hawk as far as inflation -- >> deflation, where are prices falling? >> it's not just a matter of prices, when you look at the gold situation, that's a canary in the coal mine. we had a very sloppy tips auction today and money is coming out of tips funds big-time now. so i think the market is bracing for a deflation. caterpill caterpillar, big deflation indicator, copper, another deflationary indicator. i think you've got some problems there. and you want to talk about the fed and qe, what the minutes said, i was listening to bullard yesterday saying if they can't get inflation up from 1.5%, they might go more aggres
look at where the rally has come from, it's come from defensive sectors. we've brought in those health care stocks, 18% higher in such a short period of time. how far can you ride that horse? i think it brings up a good point with the gold, but i think the gold is symptomatic of something else. we are entering -- we are actually in a deflationary period with the market here, and those words are not easy come out of my mouth, because i've been a hawk as far as inflation -- >> deflation,...
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so to the extent that we're not necessarily seeing an uptake there may argue that you're seeing defensive spending positions being taken by enterprise customers. it is not upgrades as fast as they would be otherwise. >> what about josh's point about currency play on this? if the dollar continues to strengthen here, that's not going to be boding well for a company like ibm? >> i mean, ibm as a manufacturer has a global footprint. they can manage their way around a foreign exchange impact. it's not as if they're made in america or a usa export-driven story. >> did i hear google? >> i haven't heard any google numbers yesterday, but the stock market is acting like they're out. it's got that feel to it. we'll get it to you as soon as we have those numbers. you're just joining us. microsoft missed on the top line by a fraction, but beat on the bottom line by 4 cents. ibm missed on the bottom line by five cents and it also was light on the top line there. roger kay, do you like ibm? >> yeah, i think ibm is a real solid company and a real solid stock. >> yes, google numbers are in. >> this is pre
so to the extent that we're not necessarily seeing an uptake there may argue that you're seeing defensive spending positions being taken by enterprise customers. it is not upgrades as fast as they would be otherwise. >> what about josh's point about currency play on this? if the dollar continues to strengthen here, that's not going to be boding well for a company like ibm? >> i mean, ibm as a manufacturer has a global footprint. they can manage their way around a foreign exchange...
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Apr 18, 2013
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intelligence agency and entire defense enterprise. many of whom are formerly deployed directly supported u.s. and allied military forces in afghanistan and 141 countries and 262 locations around the world. i have been the director for nearly eight month now i cannot emphasize how proud and privileged i am to serve our nation in this capacity. as our defense strategy highlights our nation at the moment of transition. the global security environment as director clapper just stated presents increasingly complex challenges and growing list of threat and adversary. and demands on the united states intelligence system have skyrocketed in recent years they are only expected to increase. the united states faces an uncertain security environment marked by a broad spectrum of dissimilar threat from nation states, nonnation state actors, highly adaptive transnaiol terrorist ne proliferation of weapons of mass destruction, and looming and dangerous threat of cyberattacks against our defense coour nation'scritical infrastructure. i view this latte
intelligence agency and entire defense enterprise. many of whom are formerly deployed directly supported u.s. and allied military forces in afghanistan and 141 countries and 262 locations around the world. i have been the director for nearly eight month now i cannot emphasize how proud and privileged i am to serve our nation in this capacity. as our defense strategy highlights our nation at the moment of transition. the global security environment as director clapper just stated presents...